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DD Company just buy a new machine at a cost of $ 5 6 8 , 6 5 0 . The investment is expected to
DD Company just buy a new machine at a cost of $ The investment is expected to generate $ in annual cash flows for a period of five years. The required rate of return is The old machine has a remaining life of five years. The new machine is expected to have zero value at the end of the fiveyear period. The disposal value of the old machine at the time of replacement is zero. What is the internal rate of return? A B C D
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